Starboard Value Jeff Smith
Holdings as of the end of Q2 2025, reported in its 13F filing on Aug 14, 2025; changes vs Q1 2025. Source
Reported value
$5.8B
at quarter-end prices
Positions
24
top 10 are 73% of it
Bought · Q2 2025
6
3 new, 3 added 20%+
Sold · Q2 2025
5
0 sold out, 5 cut 20%+
Holdings 24
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q1 2025 |
|---|---|---|---|---|---|---|
| 1 | QRVO | QORVO INC | 7,872,867 | $668.5M | 11.6% | -5% |
| 2 | MTCH | MATCH GROUP INC NEW | 15,311,916 | $473M | 8.2% | +9% |
| 3 | ADSK | AUTODESK INC | 1,467,348 | $454.2M | 7.9% | -27% |
| 4 | BDX | BECTON DICKINSON & CO | 2,619,490 | $451.2M | 7.8% | +50% |
| 5 | KVUE | KENVUE INC | 20,929,938 | $438.1M | 7.6% | -5% |
| 6 | GEN | GEN DIGITAL INC | 13,330,505 | $391.9M | 6.8% | -24% |
| 7 | AQN | ALGONQUIN PWR UTILS CORP | 63,489,420 | $363.8M | 6.3% | -4% |
| 8 | CRM | SALESFORCE INC | 1,252,247 | $341.5M | 5.9% | +47% |
| 9 | IJH | ISHARES TR | 5,250,656 | $325.6M | 5.6% | +47% |
| 10 | HR | HEALTHCARE RLTY TR | 19,290,672 | $306M | 5.3% | -4% |
| 11 | — | ALIGHT INC | 45,865,899 | $259.6M | 4.5% | -4% |
| 12 | NWS | NEWS CORP NEW | 6,862,525 | $235.5M | 4.1% | -12% |
| 13 | ACTG | ACACIA RESH CORP | 61,123,595 | $218.8M | 3.8% | — |
| 14 | PFE | PFIZER INC | 8,542,149 | $207.1M | 3.6% | +10% |
| 15 | NWSA | NEWS CORP NEW | 6,798,936 | $202.1M | 3.5% | -6% |
| 16 | TRIP | TRIPADVISOR INC | 8,499,054 | $110.9M | 1.9% | new |
| 17 | IWM | ISHARES TR | 340,000 | $73.4M | 1.3% | new |
| 18 | BLMN | BLOOMIN BRANDS INC | 7,980,992 | $68.7M | 1.2% | -5% |
| 19 | ROG | ROGERS CORP | 899,502 | $61.6M | 1.1% | +12% |
| 20 | RIOT | RIOT PLATFORMS INC | 4,676,900 | $52.8M | 0.92% | -63% |
| 21 | RBA | RB GLOBAL INC | 251,163 | $26.7M | 0.46% | — |
| 22 | GDOT | GREEN DOT CORP | 1,733,298 | $18.7M | 0.32% | -62% |
| 23 | FTRE | FORTREA HLDGS INC | 2,495,558 | $12.3M | 0.21% | -53% |
| 24 | WIX | WIX COM LTD | 7,095,000 | $7.1M | 0.12% | new |
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.